# This Thanksgiving, How About Farm Subsidy Reform?

> A Manhattan Institute commentary argues for limiting farm subsidies to large operations before the 2018 farm bill negotiations. It cites CBO estimates that commodity program costs will reach $22 billion from 2016 to 2018 and that payments will exceed $61 billion from 2017 to 2027.

- Date: 2017-11-21 · published 2017-11-21T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/67966-this-thanksgiving-how-about-farm-subsidy-reform
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Calls for subsidy cuts signal possible future reductions in commodity support, but no legislation has passed, so near-term price impact is negligible.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-11-23 | [(Thanks)giving Subsidies \| Taxpayers for Common Sense](https://feedsoft.ai/events/73847-thanks-giving-subsidies-taxpayers-for-common-sense.md) | -3.8% | -1.5% |
| CORN | 2016-12-09 | [How agriculture subsidies are hurting farmers, taxpayers](https://feedsoft.ai/events/73465-how-agriculture-subsidies-are-hurting-farmers-taxpayers.md) | +2.4% | +0.4% |
| CORN | 2018-09-14 | [Twelve Things To Know About The 2018 Farm Bill](https://feedsoft.ai/events/63027-twelve-things-to-know-about-the-2018-farm-bill.md) | +2.4% | +4.1% |
| CORN | 2017-11-15 | [Strange bedfellows unite to push for subsidy reform in farm bill - POLITICO](https://feedsoft.ai/events/67960-strange-bedfellows-unite-to-push-for-subsidy-reform-in-farm-bill-politico.md) | +1.1% | +4.1% |
| CORN | 2019-03-18 | [Everything you need to know about the farm bill in one summit \| CFAES](https://feedsoft.ai/events/60074-everything-you-need-to-know-about-the-farm-bill-in-one-summit-cfaes.md) | +2.6% | -3.5% |
| SOY | 2016-11-23 | [(Thanks)giving Subsidies \| Taxpayers for Common Sense](https://feedsoft.ai/events/73847-thanks-giving-subsidies-taxpayers-for-common-sense.md) | +0.2% | -2.3% |
| SOY | 2016-12-09 | [How agriculture subsidies are hurting farmers, taxpayers](https://feedsoft.ai/events/73465-how-agriculture-subsidies-are-hurting-farmers-taxpayers.md) | +0.2% | -3.0% |
| SOY | 2018-09-14 | [Twelve Things To Know About The 2018 Farm Bill](https://feedsoft.ai/events/63027-twelve-things-to-know-about-the-2018-farm-bill.md) | +3.3% | +4.3% |

## Sources

- manhattan.institute: https://manhattan.institute/article/this-thanksgiving-how-about-farm-subsidy-reform

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.